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Press Release
Runchise raised seed funding led by East Ventures
Runchise, a restaurant management startup and culinary franchise in Indonesia, has officially launched its online application to increase operational efficiency and profit for restaurant or franchise owners, especially in the culinary field. At the same time, Runchise announced the completion of seed funding led by…
From Portfolios
How Desty elevates MSMEs to thrive in Indonesia’s growing commerce ecosystem
EV-DCI 2022 shows an increase of 39% in the median of online platform usage in businesses, yet only a small percentage of MSMEs optimize the tools Mulyono Xu, a local Acehnese man, had spent most of his life in China since he started studying in…
Press Release
Pocket, a family financial management platform startup, raised pre-seed funding led by East Ventures
Pocket, an Indonesia-based fintech startup providing a holistic financial health platform for families, announced the completion of an undisclosed amount of pre-seed funding led by East Ventures. Pocket will allocate the fresh funds mainly for product penetration in increasing adoption and users. Pocket will also…
Insights
East Ventures was listed in the Top Global & Asian investors in Q3 2022
East Ventures has been listed as the top ten of top global investors by the global market intelligence platform CB Insights. East Ventures is the only Southeast Asian venture capital firm focusing on the Indonesian market among other US-based and China-based VCs. CB Insights recently…
Insights
Willson Cuaca, a venture capital pioneer, makes FORTUNE Indonesia’s Businessperson of The Year 2022 list
Willson Cuaca, Co-founder & Managing Partner at East Ventures (EV), is one of the key figures behind capital injections into hundreds of start-ups in Indonesia. However, the story of how he raised investor funds and channeled them to startup founders—who, even then, only had an…
Press Release
New investment fuels up ALAMI Group in pre-series B round led by East Ventures (Growth fund)
ALAMI Group, a leading Indonesian Shariah-compliant SME lending platform, announced that it has successfully closed pre-series B round led by East Ventures (Growth fund) alongside returning investors, namely AC Ventures, Quona Capital, and FEBE Ventures. US-based venture capital firm Capria Ventures also joined the round,…
From Portfolios
Why maintaining employees’ mental health is important for companies
Workers are increasingly concerned with their mental health, but few companies provide support The COVID-19 pandemic has come under control, with some work activities returning to the pre-covid working situation, such as coming to the office. However, companies cannot deny that the work-life balance during…
Insights
Cold chain may be the next opportunity for Indonesia’s logistics startups
Indonesian last-mile logistics startup Paxel found that almost half of its shipments are of frozen food – primarily from MSMEs sending their products to customers. This is despite the company’s fleet mainly made up of motorcycles that are not equipped with any kind of refrigeration.…
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